AI STOCKS RADAR Start with the filing, not the keyword count
For a US reporting company, annual 10-Ks and quarterly 10-Qs connect the business description, risks and financial results. Investor.gov's filing guide identifies the business section, management's discussion and analysis, and the financial statements with their notes. The company prepares the filing; filing with the SEC is not an SEC endorsement of its accuracy.
Our research approach is to use “AI” as a starting point for investigation, not a scoring system. Ten mentions can describe a future initiative; one revenue footnote can be more useful for understanding the current business.
Keep four types of statement separate
| Statement type | How to record it |
|---|---|
| Disclosed revenue | The exact category, amount, currency and reporting period. |
| Broader segment revenue | The segment's actual name; do not rename the whole total “AI revenue.” |
| Management commentary | An attributed explanation, with the original wording's scope preserved. |
| Target or forecast | A future expectation, kept separate from reported results. |
This is an editorial classification for comparing evidence. It is not a new accounting standard or a claim that companies all report AI in the same way. A missing AI breakout is a limit on the available information, not proof that AI revenue is zero.
A fictional company shows the difference
Illustrative company—not a real issuer or investment recommendation. Suppose Example Systems reports quarterly revenue of $10 billion. A segment called Cloud and Infrastructure contributes $4 billion. Management says AI demand is growing, but does not disclose an AI-only revenue amount.
The supported calculation is $4 billion ÷ $10 billion = 40% of revenue from Cloud and Infrastructure. It does not establish that 40% comes from AI. The segment could include non-AI services, and the available statement does not allocate the total.
Now suppose a later filing separately identifies $1 billion of AI-related revenue for that same quarter. That would support 10% of total revenue, subject to the company's definition. It would not justify adding $1 billion to the $4 billion segment total if the AI amount is already included within it. Avoiding double counting matters as much as finding the headline number.
Growth still needs a denominator and a period
A move from $500 million to $1 billion is 100% growth. A move from $4 billion to $5 billion is 25% growth but a larger dollar increase. Neither comparison identifies a better stock by itself. Keep year-on-year and sequential comparisons separate, and record whether the numbers cover a quarter or a full year.
AI Stocks Radar's linked methodology and stock-picks guide explain how company exposure differs from an AI-generated buy list. This article offers a way to read evidence, not a price target, a live ranking or a claim that an unreleased app has made a recommendation.